Key Takeaways:
- Borletti Group acquired 100% of Pinalli from the founding family and private equity fund H.I.G. Capital.
- Borletti Group strengthens its position in the beauty sector.
- Pinalli is Italy’s leading omnichannel beauty retail platform.
Italian beauty retailer Pinalli has new owners.
WHO: Founded in 1984 in Fiorenzuola d'Arda (Piacenza), Pinalli has built an integrated distribution model combining physical stores, e-commerce, and private label. The company currently has over 100 beauty stores, primarily located in the highest-income areas of Northern Italy, and a proprietary digital platform that accounts for approximately 30% of total sales, with approximately 32 million visits annually. The retailer offers over 400 brands and has 800 employees.
Borletti Group is an independent investment firm founded by Maurizio Borletti and Paolo De Spirt with over 20 years of experience investing in retail, premium, and lifestyle brands including La Rinascente, Printemps, Grandi Stazioni Retail, MooRER, Twinset, and True Religion.
WHY: The company aims to accelerate growth by expanding its store network, further developing its e-commerce channel, strengthening its proprietary brands, and broadening its merchandise assortment.
IN THEIR OWN WORDS: “Pinalli is a company that has demonstrated strong growth capabilities and a clear drive for innovation, standing out for the quality of its brand, management team, and omnichannel platform,” Maurizio Borletti, founder of Borletti Group, said. “Borletti Group will work alongside the management team to support Pinalli’s next phase of development, further strengthening its positioning in the Italian market and continuing to...